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A-Rank Bhd (XKLS:7214) Accounts Receivable : RM68.0 Mil (As of Jan. 2024)


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What is A-Rank Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. A-Rank Bhd's accounts receivables for the quarter that ended in Jan. 2024 was RM68.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. A-Rank Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 36.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. A-Rank Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was RM-0.23.


A-Rank Bhd Accounts Receivable Historical Data

The historical data trend for A-Rank Bhd's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

A-Rank Bhd Accounts Receivable Chart

A-Rank Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.65 34.00 27.73 44.07 47.48

A-Rank Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.26 68.88 47.48 71.19 68.05

A-Rank Bhd Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


A-Rank Bhd Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

A-Rank Bhd's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=68.048/170.297*91
=36.46

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), A-Rank Bhd's accounts receivable are only considered to be worth 75% of book value:

A-Rank Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.349+0.75 * 68.048+0.5 * 67.34-161.844
-0--9.47)/175.430
=-0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


A-Rank Bhd Accounts Receivable Related Terms

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A-Rank Bhd (XKLS:7214) Business Description

Traded in Other Exchanges
N/A
Address
Lot 2-33, Jalan Perindustrian Mahkota 7, Taman Perindustrian Mahkota, Beranang, SGR, MYS, 43700
A-Rank Bhd is an investment holding company that has categorized its business operations into two segments namely the Aluminium Segment which represents the Group's core business which includes manufacturing and marketing of aluminium billets and operates solely from its production facilities in Beranang, Selangor. and Property Segment which includes property development. The firm mainly operates in two geographical segments: Malaysia and South East Asia other than Malaysia. The company also exports its products to Africa, Europe, South Asia, and South East Asia. The majority of the company's revenue is derived from Malaysia.

A-Rank Bhd (XKLS:7214) Headlines

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